SBA loan outcome check · industry · SBA data as of 30 September 2026

How have SBA loans in Shellfish Farming turned out?

Of 36 loans approved in fiscal 2001 to 2021 (at least five years old), 2 (5.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Shellfish Farming appears on 51 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $5.7 million in gross approvals. These are loans, not a rating.

Not financial, legal or franchise advice. This page reports what the SBA's loan file records for SBA-guaranteed loans. A charge-off rate is not a rating of a brand or an industry, it does not predict a new loan, and a franchisee's loan is not a measure of the franchisor. Read the franchise's disclosure document and talk to a lender or an adviser before you borrow.

Shellfish FarmingIndustry NAICS 112512 · 51 loans

6%of seasoned loans charged off

Shellfish Farming appears on 51 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $5.7 million in gross approvals.
Of 36 loans approved in fiscal 2001 to 2021 (at least five years old), 2 (5.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years.
A charge-off is a loan the lender wrote off. It is not a statement about the borrower, the brand or the franchisor, and it does not predict how a new loan will turn out.

Every approval year

Approval year	Loans	Approved	Paid in full	Charged off	Not yet resolved	Charged-off share
FY2001	1	$20,000	1	0	0	few loans
FY2002	1	$50,000	1	0	0	few loans
FY2003	1	$339,000	1	0	0	few loans
FY2004	2	$125,000	2	0	0	few loans
FY2005	2	$399,300	2	0	0	few loans
FY2006	1	$8,000	1	0	0	few loans
FY2007	1	$32,000	0	1	0	few loans
FY2010	4	$1.4 million	4	0	0	few loans
FY2012	2	$90,000	2	0	0	few loans
FY2013	2	$110,000	2	0	0	few loans
FY2015	1	$120,000	1	0	0	few loans
FY2016	7	$767,500	7	0	0	few loans
FY2017	3	$160,000	2	1	0	few loans
FY2018	3	$498,500	2	0	1	few loans
FY2019	3	$515,800	1	0	2	few loans
FY2020	1	$15,000	1	0	0	few loans
FY2021	1	$5,000	0	0	1	few loans
FY2022	4	$135,000	0	1	3	too recent for a share
FY2023	1	$10,500	1	0	0	too recent for a share
FY2024	1	$22,500	0	0	1	too recent for a share
FY2025	8	$581,000	1	0	7	too recent for a share
FY2026	1	$250,000	0	0	1	too recent for a share

US Small Business Administration, 7(a) FOIA loan data as of 30 September 2026. SBA-guaranteed 7(a) loans only, aggregated; no borrower or lender is shown. SBA open data.

Where can you go from this record?

Open it in the check to search another brand or industry. Before you borrow for a business in this industry, read the FTC consumer guide to buying a franchise, the SBA guide to buying a franchise and SBA Lender Match.

Compiled and checked by Vincent Wesley Couey (ORCID 0009-0005-6869-308X) from the SBA 7(a) FOIA loan data, as of 30 September 2026. Not an official source.